What is EMV smartcard?

June 27, 2022

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What is EMV smartcard?

 

 

 

EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard. EMV cards are smart cards, also called chip cards, integrated circuit cards, or IC cards, which store their data on integrated circuit chips, in addition to magnetic stripes for backward compatibility.

 

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